Vice President, Pricing and Forecasting
SmithRx ยท via
Work With Indies
๐ฐ $250,000 - $300,000/yr
๐ Remote
๐ Remote, Alabama
Job Description:
- Lead the Smith Pricing team responsible for pricing and guarantees submitted for all proposals
- Collaborate with Sales to adapt and refine pricing offers for prospects
- Own the development, maintenance, and execution of forward-looking drug spend forecasting models
- Educate pharmacy consultants and brokers about market trend expectations and client outcome optimization
- Work with Sales and Proposals teams to craft offers reflecting SmithRxโs value
- Compose compelling, understandable employer offers
- Generate pricing and related answers for RFP platforms
- Partner with Strategy, Supply Chain, and Clinical to develop next-generation Pharmacy Benefits pricing models
- Translate pharmacy market events into quantitative financial models and quantify macro-market shifts
- Evaluate customer-level trends to identify key drivers and inform spend expectations
- Translate complex actuarial and analytical findings into narratives for executives, consultants, and employer groups
- Direct creation of external trend reports
- Work with Data Analytics to build drug spend forecast models and automate customer-specific spend forecasting
- Participate in customer-level assessment for new opportunities and retention activity
- Support ad hoc strategic projects aimed at SmithRx growth initiatives
Requirements:
- 10+ years of experience in analytical, forecasting, financial, actuarial or strategy roles, including 5+ years of experience in healthcare and/or pharmacy industry related roles
- Prior experience at PBM or Pharmacy Consulting is preferred
- Experience working with historical claims data to assess and manage risk by conducting reprice and trend analyses
- Strong familiarity with pharmacy industry dynamics and major market events
- Experience leading conversations with employers, brokers and pharmacy benefits consultants regarding pharmacy benefits
- Bachelor's degree or equivalent experience; advanced degree or MBA preferred
- Proven track record of delivering exceptional, quantifiable business impact
- Experience in a highly strategic, analytical and operational role in fast-paced environments
- Ability to use data to reach decisions and demonstrate these skills to external stakeholders
- Excellent written and oral communication skills, including presenting trend expectations rigorously to internal leaders, brokers, pharmacy consultants, and employers
Benefits:
- Medical, Pharmacy, Dental, Vision, and Life Insurance and AD&D Insurance
- Flexible Spending Benefits
- 401(k) Retirement Savings Program
- Short-term and long-term disability
- Discretionary Paid Time Off
- Paid Company Holidays
- Wellness Benefits
- Commuter Benefits
- Paid Parental Leave benefits
- Employee Assistance Program (EAP)
- Well-stocked kitchen in office locations
- Professional development and training opportunities
- Time off programs
- Mental health support